European markets start higher

09:57 30.11.2017

On Thursday, European markets started mostly higher because market participants generally neglected worries over North Korea. Instead, they closely watched euro zone inflation data to be issued later in the day.

Financial markets demonstrated little reaction after on Wednesday North Korean told that it had successfully tested a new type of intercontinental ballistic missile reportedly capable of reaching the American mainland.

As for financial stocks, they mostly rallied because French lender Societe Generale jumped 0.09%, Germany's Deutsche Bank along with Commerzbank soared 0.65% and 1.029% respectively.

Italy's Intesa Sanpaolo as well as Unicredit inched up respectively 0.07% and 0.41%, while Spanish financial institutions Banco Santander and also BBVA earned respectively 0.39% and 0.15%.

On Wednesday, Italian stocks led losses in the European Union right after the country's deputy prime minister told that Rome considers breaking EU fiscal rules, thus masking early revenue powered by optimism around the US-China trade conflict…